Block 3 Gallium Prospect Expands with 480m Eastward Chlorite Schist Discovery

Nimy Resources has identified a new outcropping chlorite schist 480 metres east of its initial gallium discovery at Block 3, prompting an accelerated drilling program to explore this promising extension.

  • Discovery of chlorite schist outcrop 480m east of initial gallium find
  • Phase II drilling nearing completion; Phase III accelerated to test new zone
  • Only 10% of 3km x 1.5km prospect area explored, indicating significant upside
  • Recent $2.75 million capital raise supports ongoing exploration
  • New outcrop’s mineralisation potential remains conceptual pending assays
An image related to Nimy Resources Limited
Image source middle. ©

Expanding the Gallium Footprint

Nimy Resources has announced a significant geological development at its Block 3 East Prospect within the Mons Project in Western Australia. The company uncovered an outcropping chlorite schist approximately 480 metres east of its initial gallium discovery, a rock type previously associated with high-grade gallium mineralisation. This new outcrop lies outside the current exploration target, suggesting the potential for a meaningful expansion of the known mineralised zone.

Chlorite schist has been identified as a key host for gallium at Block 3, supported by preliminary mineral characterisation conducted by CSIRO. While the new outcrop has yet to be assayed or tested beyond geological observation, its presence along strike from the original discovery offers a compelling reason to accelerate exploration efforts.

Accelerating Drilling and Exploration

The company’s Phase II drilling campaign is nearing completion, with Phase III drilling now being brought forward to incorporate this newly discovered eastern extension. This next phase aims to confirm whether the chlorite schist outcrop hosts additional gallium mineralisation and to further define a maiden JORC-compliant resource. To date, exploration has covered only about 10% of the broader 3km by 1.5km prospect area, highlighting substantial untapped potential for a large-scale deposit.

Managing Director Luke Hampson emphasised the importance of this discovery, noting that it could significantly expand the Block 3 gallium resource once confirmed. The company remains focused on delivering a robust resource to underpin future development, leveraging its well-capitalised position following a recent $2.75 million capital raise supported by strategic investors.

Strategic Positioning in Critical Minerals

Nimy Resources is advancing its Mons Project as a new frontier for critical minerals in Western Australia, a region known for its rich mineral endowment. The Block 3 East Prospect is part of a broader district-scale discovery spanning approximately 80km by 30km, with multiple tenements offering diverse exploration opportunities. The company’s collaboration with CSIRO and ongoing technical work aim to deepen understanding of the geology and mineralisation controls within this emerging greenstone belt.

While the recent discovery is promising, the company cautions that the mineralisation potential of the new chlorite schist outcrop remains conceptual until further drilling and assays are completed. This prudent approach underscores the early-stage nature of the exploration and the need for continued methodical evaluation.

Bottom Line?

Nimy’s new discovery could reshape the Block 3 gallium story, but the market awaits assay results to confirm its true potential.

Questions in the middle?

  • Will Phase III drilling confirm high-grade gallium mineralisation in the new outcrop?
  • How might the expanded footprint affect the scale and economics of the Block 3 resource?
  • What timeline can investors expect for updated JORC resource estimates?